In a stunning surge, American manufacture of jackboots has risen in the past two weeks to levels not seen since the end of the Second World War.
The President’s promised deportation squads, executive orders on immigration and elevation of Steve Bannon to the National Security Council signal a substantial rise in the need for the traditional footwear for authoritarian government agencies.
Investors, reflecting the optimism of increased government spending in the sector, have driven shares of Jackboot Industries (NYSE: JKBT) to nearly double their price on January 20.
Daryll Ikeman, Jackboot’s CEO, is encouraged by the direction of the new administration and has ramped up production on the expectation of an increase of incoming orders. “The President has promised to be a job creator and he is keeping his word. We have hired eighteen new employees for the production ramp up and expect to triple our revenue in fiscal year 2017.”
Jackboot, based in Skokie, Illinois, maintains a near monopoly in this segment of the footwear industry due to design and utility patents that allow its wearer to maintain a higher than normal step in its gait.